Public Sector Pension Investment Board Has $7.37 Million Position in Vishay Intertechnology, Inc. $VSH

Public Sector Pension Investment Board grew its stake in Vishay Intertechnology, Inc. (NYSE:VSH) by 25.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 481,654 shares of the semiconductor company’s stock after buying an additional 99,076 shares during the period. Public Sector Pension Investment Board owned 0.36% of Vishay Intertechnology worth $7,369,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Norges Bank acquired a new stake in Vishay Intertechnology during the 2nd quarter valued at approximately $84,496,000. American Century Companies Inc. increased its position in shares of Vishay Intertechnology by 1.4% during the second quarter. American Century Companies Inc. now owns 4,143,815 shares of the semiconductor company’s stock worth $65,804,000 after buying an additional 55,446 shares during the period. Bragg Financial Advisors Inc increased its position in shares of Vishay Intertechnology by 11.3% during the second quarter. Bragg Financial Advisors Inc now owns 1,762,937 shares of the semiconductor company’s stock worth $27,995,000 after buying an additional 178,496 shares during the period. Allianz Asset Management GmbH raised its stake in Vishay Intertechnology by 38.4% during the third quarter. Allianz Asset Management GmbH now owns 1,622,940 shares of the semiconductor company’s stock worth $24,831,000 after buying an additional 450,474 shares during the last quarter. Finally, Systematic Financial Management LP lifted its holdings in Vishay Intertechnology by 1.9% in the second quarter. Systematic Financial Management LP now owns 1,543,740 shares of the semiconductor company’s stock valued at $24,515,000 after buying an additional 29,523 shares during the period. 93.66% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on VSH shares. Weiss Ratings reiterated a “sell (d)” rating on shares of Vishay Intertechnology in a report on Wednesday, January 21st. Argus raised Vishay Intertechnology to a “strong-buy” rating in a research note on Monday, February 9th. Bank of America boosted their price target on Vishay Intertechnology from $14.00 to $16.00 and gave the company an “underperform” rating in a research note on Thursday, January 22nd. JPMorgan Chase & Co. raised their price objective on shares of Vishay Intertechnology from $14.00 to $20.00 and gave the stock a “neutral” rating in a research report on Thursday, February 5th. Finally, Zacks Research lowered shares of Vishay Intertechnology from a “hold” rating to a “strong sell” rating in a research note on Monday, February 9th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus target price of $18.00.

Vishay Intertechnology Stock Down 1.0%

Shares of NYSE VSH opened at $18.70 on Wednesday. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.62 and a quick ratio of 1.57. The company has a 50-day moving average price of $17.21 and a 200-day moving average price of $15.88. The stock has a market capitalization of $2.54 billion, a P/E ratio of -267.10 and a beta of 1.14. Vishay Intertechnology, Inc. has a 1 year low of $10.35 and a 1 year high of $22.00.

Vishay Intertechnology (NYSE:VSH) last announced its quarterly earnings results on Wednesday, February 4th. The semiconductor company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.02 by ($0.01). The business had revenue of $800.92 million during the quarter, compared to the consensus estimate of $790.47 million. Vishay Intertechnology had a negative net margin of 0.29% and a negative return on equity of 0.32%. The firm’s revenue for the quarter was up 12.1% on a year-over-year basis. On average, equities research analysts forecast that Vishay Intertechnology, Inc. will post 0.53 EPS for the current fiscal year.

Vishay Intertechnology Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 12th will be given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend is Thursday, March 12th. Vishay Intertechnology’s dividend payout ratio is presently -571.43%.

Vishay Intertechnology Company Profile

Vishay Intertechnology, Inc is a global manufacturer of discrete semiconductors and passive electronic components, serving a wide range of industries including industrial, automotive, computing, consumer electronics, telecommunications, medical, and military/aerospace markets. The company’s portfolio encompasses resistors, capacitors, inductors, sensors, diodes, rectifiers, MOSFETs and a variety of integrated circuit solutions. Vishay’s components are used in power management, signal conditioning, circuit protection and sensing applications, supporting both standard and custom designs for original equipment manufacturers worldwide.

Originally founded in 1962 by Dr.